FEB-09-2009

Conference Call on First Quarter Earnings

TO: Financial Analysts/Investors
FROM: Tyler Treat

A conference call is scheduled for Monday, February 23rd at 10:00AM Central Time. Bill Mansfield and Lori Walker will discuss Valspar's press release on first quarter earnings. Please contact my office at 612-375-7358 if you do not receive a copy of the press release.

We will be using AT&T Teleconference Service to place the call. In order to be a participant on this call, you should dial 1-800-230-1092. For those of you calling from outside of the U.S. you can use the number 612-288-0329. It is recommended that you dial the number at least ten minutes before the call begins. After the opening statements, there will be a question and answer segment.

The call can also be heard live over the internet at Valspar's website (www.valsparglobal.com). Those unable to participate during the live broadcast can also access an archive of the web cast on the Valspar website.

Lori Walker and I will be available after the conference call for further questions.

In the event it is not possible for you to join the conference call, there will be a taped replay that you can listen to from 12:00 PM on February 23rd through midnight on March 6th. To do so, dial 1-800-475-6701 in the U.S., or 320-365-3844 outside the U.S. The access code is 985806.